Prolonged tension to hurt Pakistan’s economy: Moody’s

[ad_1] NEW DELHI: A sustained escalation in tension with India could hurt Pakistan’s growth, impact its fiscal consolidation and macroeconomic stability, Moody’s Rating warned on Monday.In contrast, it does not expect a significant impact on India, apart from higher defence spending weighing on govt’s fiscal consolidation plan.Pakistan was on the brink of bankruptcy until the…

Read More

Not just tariffs, Donald Trump’s trade policies take aim at currency exchange rate, tax, and product standards too

[ad_1] AI-generated image (Credit: Bing image creator) The US administration’s April 2 tariff announcement (later paused for 90 days) is part of a broader strategy aimed at compelling foreign governments to reduce trade barriers to American goods.Moving beyond traditional tariffs, the policy targetsnon-tariff barriers such as agricultural regulations, taxation systems, currency practices, product standards, legal…

Read More